Business For Sale

Liquor Store 8,750 square feet For Sale

Not Disclosed, NJ
Somerset County


Asking Price: Annual Revenue:
$1,575,000 $3,655,000

Food & Beverage: Liquor Stores


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RE: Liquor Store 8,750 square feet For Sale Broker: Larry Bodner

Quick Facts

Asking Price: $1,575,000
Annual Revenue: $3,655,000
Net Profit: Not Disclosed
Cash Flow: $240,000
Total Debt: Not Disclosed
FF&E: $557,707
Real Estate: Not Disclosed
Year Established: 2015
Employees: 19
BBN Listing #: 38622979
Broker Reference #: 6205LB

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Business Overview:

Great State of the Art Liquor Store in affluent Somerset County. The store is 8,750 square feet with plenty of parking located in a major supermarket anchored shopping center. Current inventory $675,000.00 +/- and can be reduced as desired by purchaser. Break down of sales: 51.3% wine sales, 17.5% beer sales, 19.9% liquor sales, 7.6% gourmet products, 2.3% gifts, 1.4% other. This store is run absentee (owner not present) run by manager. The build out cost together with fixtures, equipment, and machinery totaled $984,703.00. The 2017 sales of $3,655,373.000 (does not include website sales). The cash flow of $240,000 +/- is recasted and does not include the manager's salary, advertising and other expenses not needed to run the business. The Trade Name and Website is NOT included in the sale. For further information contact LARRY BODNER-Exclusive Broker.

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Property Features and Assets:

This store is 8,750 square feet, long lease with plenty of parking. All Fixtures & Equipment installed new in March/April 2015.

Market Competition and Expansion:

Potential to add Lottery.

Reason for Selling:

Consolidation

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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